Hasbro, Inc. (HAS) Reports Strong Results For Fourth-Quarter

Analysts at UBS (NYSE: UBS) have released an update on Hasbro, Inc. (NYSE: HAS). Hasbro reported strong results for the fourth-quarter.

The company reported EPS of $1.09 for the quarter, which came in ahead of analysts’ estimate of $0.89, and consensus of $0.81. The company reported revenue growth of 12% year-over-year, which came in below analysts’ estimate of a 13% growth in revenue. Gross margin was up by 259 basis points in the fourth-quarter.

The management at Hasbro believes that the company should be able to grow revenues and earnings for 2010. Analysts at UBS have maintained a Neutral rating for Hasbro, Inc., with a price target of $30.